Abengoa's first full-scope third-party Concentrating Solar Power maintenance contract in Spain comes as new investors, ageing assets and potential new build place greater focus on operational efficiency, experts told New Energy Update. In January, pulp and biomass specialist Ence Energia y Celulosa awarded Abengoa a three-year operation and maintenance (O&M) [...]
On Tuesday, February 25, a delegation from the NREA (The Egyptian National Renewable Energy Agency) visited the inPOWER concentrating solar power plant that CSIN (the Indertec company that markets the Thermosolar energy modules) is building in Magtel (Seville). This visit is part of a project led by CENER, National Center [...]
New tariff legislation, proven plant performance and a growing need for storage is increasing investor confidence in Spanish Concentrated Solar Power ownership, investors told New Energy Update. Earlier this month, UK-based investment fund Cubico Sustainable Investments acquired the 50 MW Arenales Solar Plant in Seville, southern Spain, from the PanEuropean [...]
US renewable power producer TerraForm Power has acquired two concentrated solar power (CSP) plants totalling roughly 100 MW in Spain from NextEra Energy Spain Holdings BV, a Netherlands-based unit of NextEra Energy Inc. A wholly-owned unit of TerraForm Power paid a total equity purchase price of EUR 94.1 million (USD [...]
The UK-based renewables investment company has acquired the 50 MW Arenales solar thermal power plant, located in Seville that entered into operation in 2008. Cubico Sustainable Investments, a renewables investment company based in the United Kingdom, today announced the acquisition of the Arenales Solar PS, S.L., owned by a 50 [...]
Protermosolar and CIEMAT organize the technical day at GENERA 2020 The Solar Thermal Power Plants in Energy Planning in Spain. Spain, unlike the rest of European countries, has ideal conditions for the deployment of concentrated solar power plants that will make the objectives of PNIEC easier and less expensive. [...]
The Termollano solar thermal plant, located in Puertollano (Ciudad Real), will be the first one not built by Abengoa to which it will perform the operation and maintenance (O&M) of the company's Services vertical. Abengoa has over 18 years of experience in this activity and has a commercial experience of [...]
Solar thermal energy has again exceeded 5 TWh of electricity generation by adding 5,166 GWh in 2019, representing an increase of 16.8% over 2018 and 3.8% compared to the average of the last 5 years. One more year, the concentrated solar power generation in Spain has proven its reliability, [...]
The main renewable energy organizations in Spain highlight that the National Integrated Energy and Climate Plan (Pniec) is "ambitious" but "feasible", and that proposals such as reaching 74% of renewable electricity generation in 2030 "could even be exceed". The president of Protermosolar, Luis Crespo, has pointed out that all actors [...]
Wholesale power generation firm ContourGlobal said full year earnings would be 'modestly' below expectations thanks to delays in closing out an acquisition in Mexico. The company reported adjusted earnings before interest, tax, depreciation and amortisation up 19% from $447m to $531.6m for the period 1 January to 30 September. [...]
New sun rays for solar thermal, the energy future of Spain? With 49 operational concentrating solar power plants totaling 2.3 gigawatts, Spain is a world leader in terms of production capacity with this renewable and also technologically. And this, despite the fact that the installed power has been stagnant [...]
US renewable power producer TerraForm Power Inc (NASDAQ:TERP) has agreed to acquire two concentrated solar power (CSP) plants in Spain with a combined capacity of about 100 MW. A wholly-owned unit of TerraForm Power will pay a total equity purchase price of EUR 94.1 million (USD 104m) for two 49.9-MW [...]
Andalusia is the Spanish region "with the greatest and best renewable resource", with 43% of the solar thermal megawatts (MW) installed in Spain; the first autonomous community in solar thermal power, surpassing the million square meters of solar collection surface; It has more than 1,000 photovoltaic MW in operation and [...]
